I'm no expert but wouldn't it make sense that Tether has to mint new USDT pegged to the price of BTC? If BTC price increases, regardless of what reason, the nex

I'm no expert but wouldn't it make sense that Tether has to mint new USDT pegged to the price of BTC? If BTC price increases, regardless of what reason, the next buyer has to somehow have more USDT than there previously was in the system. - B buys 1USDT for 1USD - BTC sale at 1USDT from A to B - person B now lists their BTC for 3USDT - if person C now wants to buy this BTC for 3 USD, there has to be an additional 3 USDT minted Given new influx of money keeps happening to buy BTC, more and more USDT needs to be printed. Meaning, extra USDT is printed BEFORE the price increases. Because it's required to buy. Doesn't explain why it's seldom burned. Nobody ever cashes out?